Envis
 
 

Home | Queries | Feedback | Site Map  

About Us Environmental Economics Legislation Policy Issues Curriculum Publications Literature Database Contact Us

 
 

 

ENVIS - Environmental Economics Centre - Quiz

 

 

 

         

Quiz 1

 

1. Non-use value of an environmental good includes

 A. 

Altruistic value and Bequest value.

 B.  

Only Altruistic value.

 C.  

Altruistic value, Existence value and Bequest value.

 D.  

Bequest value and Existence value.

    

2. Which of the following involves quantities instead of prices substituted for some goods, typically environmental goods.

 A. 

Restricted Demand.

 B.  

Compensated Demand.

 C.  

Ordinary Demand.

 D.  

Both Compensated Demand and Ordinary Demand.

    

3. The Demand curve for environmental quality is also called

 A. 

Net Social Benefit Curve.

 B.  

Net Marginal Benefit Curve.

 C.  

Marginal Comprimise Curve.

 D.  

Marginal Demand Curve.

    

4. Environmental valuation attempts to

 A. 

Measure use value to study environmental impacts.

 B.  

Measure use and non-use value for environmental resources.

 C.  

Measure non-use value offered by environmental resources.

 D.  

Measure common peoples opinion on value offered environment.

    

5. When a garbage in the dump leaks into the ground it becomes a

 A. 

Non-excludable and non-rival good.

 B.  

Non-excludable and rival good.

 C.  

Excludable and non-rival good.

 D.  

Only non-excludable good.

    

6. The economically optimal level of pollution abatement occurs when

 A. 

Net social benefits are minimised.

 B.  

Net social benefits are maximised.

 C.  

Marginal benefits equal marginal costs.

 D.  

Externalities are ignored and market demand is set equal to market supply.

    

7. If pollution tax is used to control pollution ,  then the marginal abatement cost

 A. 

Are all zero across firms.

 B.  

Are unequal across firms.

 C.  

Decline with additional unit of abatement.

 D.  

They are equal across firms.

    

8. According to Pigou, the environmental pollution is a reasult of divergence between

 A. 

Social marginal cost and social benefit cost.

 B.  

Marginal Damage Cost and marginal benefit Cost.

 C.  

Social Marginal Cost and Marginal damage Cost.

 D.  

Social Marginal Cost and private Marginal Cost.

    

9. The Total Economic Value (TEV) is obtained by summing up

 A. 

Direct and Indirect values.

 B.  

Direct and Indirect use values , Option values, Existence values.

 C.  

Existence and Option values.

 D.  

Indirect use values , Option values and Existence values.

    

  

 





Site Developed


                     Home | Resource Centres | Newsletter | Conference & Jobs | Tamil ENVISWhat's NewQuiz CornerLinksWho's Who
             Site Developed & Hosted By Madras School of Economics